Hindustan Motors Limited has informed the Exchange about General Updates
Awaiting price reaction for this filing.
On July 11, 2025, officials led by the Additional District Magistrate of Hooghly, accompanied by police, forcibly entered and seized Hindustan Motors' factory at Uttarpara, Hooghly. They took possession of the premises including documents, machinery, equipment, licensed weapons, the Customs Warehouse, and other structures. The company submitted formal protests to the West Bengal government's Land and Land Reforms Department on July 11 and 14, 2025. More critically, the company's Special Leave Petition challenging the action was dismissed by the Supreme Court of India on July 16, 2025, removing its last legal avenue to reclaim the facility.
This is a major negative event for shareholders — the loss of the Uttarpara factory (a core operating asset) combined with the Supreme Court's dismissal eliminates the company's legal remedy, likely causing significant operational disruption, financial loss, and downward pressure on the stock price.